Corrugated Boxes Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024

Description

Market Overview

The corrugated boxes market size stood at USD 266.7 billion in 2023, and it is expected to grow at a CAGR of 4.9% during 2024-2030, to reach USD 371.8 billion by 2030. This fast growth can be mostly credited to the fact that the necessity for packaging materials that are lightweight and convenient is more than ever before, and industries across the globe constantly need them.

To begin with, the post-use corrugated cartons were usually thrown away with no further treatment, thus resulting in an increased volume of solid waste in landfills, which again has harmful environmental consequences. But still, the winding process is still happening and this results in manufacturing to develop complex technologies that are helpful in the recycling of corrugated boxes. Suppose the corrugated material is recycled, fiber is produced and is later used in the production of new corrugated boards. The first big benefit of reusing this item is that it decreases expenditure on manufacturing of the fresh product.

The worldwide packaging industry is another motivator that drives the corrugated end market. The demand for manufactured products, ranging from smartphones to television sets, is attributed to the increase in corrugated packaging, specifically, corrugated boxes when it comes to their strength and crush resistance.

Key Insights

In 2023, the C category had the largest industry share, accounting for approximately 40%.

It is widely utilized in corrugated boxes for shipping aims, mainly for packing glass items, dairy products, furniture, and automotive components.

The producers of these boxes usually carry items inside such as engines, metallic body parts, windshields, airbags, and carriage.

C flute boxes score with their stacking capability, peak compression strength, and good package crushing.

They also are favored for the best printing; hence they are suitable for packaging and printing.

In 2023, the single-wall category had a 45% industry share, favored for light in weight objects and comfort of customization.

This material can be used in different sizes and also is tailored for certain types of flutes as C, B, or E to ensure structural strength and damage-proofness of the whole apparatus during transportation.

The escalation in the demand for customized boxes will in turn lead to the single-wall category growth.

Single-face boards, weaker than the tougher ones but offering more ecological and environmental benefits, are still employed for interior packaging separating components and providing extra security.

The double-wall subgroup is expected to have the largest growth, as it can be used in a variety of situations where fans and drums are stacked, and safety is increased.

Slotted boxes, the largest category in 2023, optimize space and provide cushioning for various products during shipping, making them suitable for fragile items.

In 2023, the APAC region accounted for a 55% revenue share, with fast development projected because of augmented demand for ready-to-eat food and government steps supporting sustainable packaging.

China's industrial production and export activities contribute significantly to the demand for corrugated boxes, driven by their convenience and cost-effectiveness.

India, with its low land and labor costs, also plays a major role in the APAC corrugated box market, especially in sectors like textiles, footwear, and electrical goods.

Product Code: 12078

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by flute type
- 1.4.2. Market size breakdown, by board style
- 1.4.3. Market size breakdown, by box style
- 1.4.4. Market size breakdown, by end use
- 1.4.5. Market size breakdown, by region
- 1.4.6. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Volume
- 1.5.2. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Volume, by Flute Type (2017-2030)
6.3. Market Revenue, by Flute Type (2017-2030)
6.4. Market Volume, by Board Style (2017-2030)
6.5. Market Revenue, by Board Style (2017-2030)
6.6. Market Volume, by Box Style (2017-2030)
6.7. Market Revenue, by Box Style (2017-2030)
6.8. Market Volume, by Region (2017-2030)
6.9. Market Revenue, by Region (2017-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Volume, by Flute Type (2017-2030)
7.3. Market Revenue, by Flute Type (2017-2030)
7.4. Market Volume, by Board Style (2017-2030)
7.5. Market Revenue, by Board Style (2017-2030)
7.6. Market Volume, by Box Style (2017-2030)
7.7. Market Revenue, by Box Style (2017-2030)
7.8. Market Volume, by Country (2017-2030)
7.9. Market Revenue, by Country (2017-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Volume, by Flute Type (2017-2030)
8.3. Market Revenue, by Flute Type (2017-2030)
8.4. Market Volume, by Board Style (2017-2030)
8.5. Market Revenue, by Board Style (2017-2030)
8.6. Market Volume, by Box Style (2017-2030)
8.7. Market Revenue, by Box Style (2017-2030)
8.8. Market Volume, by Country (2017-2030)
8.9. Market Revenue, by Country (2017-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Volume, by Flute Type (2017-2030)
9.3. Market Revenue, by Flute Type (2017-2030)
9.4. Market Volume, by Board Style (2017-2030)
9.5. Market Revenue, by Board Style (2017-2030)
9.6. Market Volume, by Box Style (2017-2030)
9.7. Market Revenue, by Box Style (2017-2030)
9.8. Market Volume, by Country (2017-2030)
9.9. Market Revenue, by Country (2017-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Volume, by Flute Type (2017-2030)
10.3. Market Revenue, by Flute Type (2017-2030)
10.4. Market Volume, by Board Style (2017-2030)
10.5. Market Revenue, by Board Style (2017-2030)
10.6. Market Volume, by Box Style (2017-2030)
10.7. Market Revenue, by Box Style (2017-2030)
10.8. Market Volume, by Country (2017-2030)
10.9. Market Revenue, by Country (2017-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Volume, by Flute Type (2017-2030)
11.3. Market Revenue, by Flute Type (2017-2030)
11.4. Market Volume, by Board Style (2017-2030)
11.5. Market Revenue, by Board Style (2017-2030)
11.6. Market Volume, by Box Style (2017-2030)
11.7. Market Revenue, by Box Style (2017-2030)
11.8. Market Volume, by Country (2017-2030)
11.9. Market Revenue, by Country (2017-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Volume, by Flute Type (2017-2030)
12.3. Market Revenue, by Flute Type (2017-2030)
12.4. Market Volume, by Board Style (2017-2030)
12.5. Market Revenue, by Board Style (2017-2030)
12.6. Market Volume, by Box Style (2017-2030)
12.7. Market Revenue, by Box Style (2017-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Volume, by Flute Type (2017-2030)
13.3. Market Revenue, by Flute Type (2017-2030)
13.4. Market Volume, by Board Style (2017-2030)
13.5. Market Revenue, by Board Style (2017-2030)
13.6. Market Volume, by Box Style (2017-2030)
13.7. Market Revenue, by Box Style (2017-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Volume, by Flute Type (2017-2030)
14.3. Market Revenue, by Flute Type (2017-2030)
14.4. Market Volume, by Board Style (2017-2030)
14.5. Market Revenue, by Board Style (2017-2030)
14.6. Market Volume, by Box Style (2017-2030)
14.7. Market Revenue, by Box Style (2017-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Volume, by Flute Type (2017-2030)
15.3. Market Revenue, by Flute Type (2017-2030)
15.4. Market Volume, by Board Style (2017-2030)
15.5. Market Revenue, by Board Style (2017-2030)
15.6. Market Volume, by Box Style (2017-2030)
15.7. Market Revenue, by Box Style (2017-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Volume, by Flute Type (2017-2030)
16.3. Market Revenue, by Flute Type (2017-2030)
16.4. Market Volume, by Board Style (2017-2030)
16.5. Market Revenue, by Board Style (2017-2030)
16.6. Market Volume, by Box Style (2017-2030)
16.7. Market Revenue, by Box Style (2017-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Volume, by Flute Type (2017-2030)
17.3. Market Revenue, by Flute Type (2017-2030)
17.4. Market Volume, by Board Style (2017-2030)
17.5. Market Revenue, by Board Style (2017-2030)
17.6. Market Volume, by Box Style (2017-2030)
17.7. Market Revenue, by Box Style (2017-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Volume, by Flute Type (2017-2030)
18.3. Market Revenue, by Flute Type (2017-2030)
18.4. Market Volume, by Board Style (2017-2030)
18.5. Market Revenue, by Board Style (2017-2030)
18.6. Market Volume, by Box Style (2017-2030)
18.7. Market Revenue, by Box Style (2017-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Volume, by Flute Type (2017-2030)
19.3. Market Revenue, by Flute Type (2017-2030)
19.4. Market Volume, by Board Style (2017-2030)
19.5. Market Revenue, by Board Style (2017-2030)
19.6. Market Volume, by Box Style (2017-2030)
19.7. Market Revenue, by Box Style (2017-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Volume, by Flute Type (2017-2030)
20.3. Market Revenue, by Flute Type (2017-2030)
20.4. Market Volume, by Board Style (2017-2030)
20.5. Market Revenue, by Board Style (2017-2030)
20.6. Market Volume, by Box Style (2017-2030)
20.7. Market Revenue, by Box Style (2017-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Volume, by Flute Type (2017-2030)
21.3. Market Revenue, by Flute Type (2017-2030)
21.4. Market Volume, by Board Style (2017-2030)
21.5. Market Revenue, by Board Style (2017-2030)
21.6. Market Volume, by Box Style (2017-2030)
21.7. Market Revenue, by Box Style (2017-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Volume, by Flute Type (2017-2030)
22.3. Market Revenue, by Flute Type (2017-2030)
22.4. Market Volume, by Board Style (2017-2030)
22.5. Market Revenue, by Board Style (2017-2030)
22.6. Market Volume, by Box Style (2017-2030)
22.7. Market Revenue, by Box Style (2017-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Volume, by Flute Type (2017-2030)
23.3. Market Revenue, by Flute Type (2017-2030)
23.4. Market Volume, by Board Style (2017-2030)
23.5. Market Revenue, by Board Style (2017-2030)
23.6. Market Volume, by Box Style (2017-2030)
23.7. Market Revenue, by Box Style (2017-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Volume, by Flute Type (2017-2030)
24.3. Market Revenue, by Flute Type (2017-2030)
24.4. Market Volume, by Board Style (2017-2030)
24.5. Market Revenue, by Board Style (2017-2030)
24.6. Market Volume, by Box Style (2017-2030)
24.7. Market Revenue, by Box Style (2017-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Volume, by Flute Type (2017-2030)
25.3. Market Revenue, by Flute Type (2017-2030)
25.4. Market Volume, by Board Style (2017-2030)
25.5. Market Revenue, by Board Style (2017-2030)
25.6. Market Volume, by Box Style (2017-2030)
25.7. Market Revenue, by Box Style (2017-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Volume, by Flute Type (2017-2030)
26.3. Market Revenue, by Flute Type (2017-2030)
26.4. Market Volume, by Board Style (2017-2030)
26.5. Market Revenue, by Board Style (2017-2030)
26.6. Market Volume, by Box Style (2017-2030)
26.7. Market Revenue, by Box Style (2017-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Volume, by Flute Type (2017-2030)
27.3. Market Revenue, by Flute Type (2017-2030)
27.4. Market Volume, by Board Style (2017-2030)
27.5. Market Revenue, by Board Style (2017-2030)
27.6. Market Volume, by Box Style (2017-2030)
27.7. Market Revenue, by Box Style (2017-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Volume, by Flute Type (2017-2030)
28.3. Market Revenue, by Flute Type (2017-2030)
28.4. Market Volume, by Board Style (2017-2030)
28.5. Market Revenue, by Board Style (2017-2030)
28.6. Market Volume, by Box Style (2017-2030)
28.7. Market Revenue, by Box Style (2017-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. International Paper Company
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. WestRock Company
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. Georgia-Pacific LLC
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. Smurfit Kappa Group plc
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. Mondi Group
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
30.6. Packaging Corporation of America
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
30.7. Nine Dragons Paper (Holdings) Limited
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
30.8. Oji Holdings Corporation
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
30.9. DS Smith plc
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
30.10. VPK Packaging Group NV
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports

Corrugated Boxes Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)